secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000945114-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 revenue up 18.1% to $323.4M; EPS $0.34 vs $0.35; dividend $0.25
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- Net sales $323.4M (+18.1% YoY); organic sales up 4.2% excluding Indoff acquisition.
- Operating income $17.4M, down 2.2% from $17.8M; operating margin 5.4% vs 6.5%.
- Diluted EPS from continuing ops $0.34, down from $0.35; gross margin 34.3% vs 35.9%.
- Cash dividend $0.25 per share declared, payable May 20, 2024 to holders of record May 13.
- Cash and equivalents $29.9M; working capital $160.8M; credit facility availability $120.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511424000034/0000945114-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511424000034/gic-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000945114-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer